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sharemarketinsider · 2 days ago
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Weekly Stock Market Recap: SENSEX, NIFTY Stage Strong Comeback Amid Market Volatility
📊 Is the Market on the Mend? After a seven-week slide, SENSEX & NIFTY made a stunning comeback with a Friday rally! 📈 Discover what drove the market rebound, the biggest winners and losers, and what it all means for investors. 👉
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economischief · 2 years ago
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Is the Fed Asleep at the Wheel? Silicon Valley Bank Collapse Raises Eyebrows!
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Once upon a time in the land of banking regulation, there was a powerful entity called the #FederalReserve. It was tasked with keeping a watchful eye over the banks in the kingdom. But alas! The great and powerful Fed appears to have dozed off, allowing the collapse of Silicon Valley Bank (SVB) to occur right under its nose.
Michael Barr, the #Fed’s vice chair for supervision, admitted in a report that the supervisors failed to fully appreciate #SVB’s vulnerabilities as it grew in size and complexity. It seems that the watchdogs were too busy admiring their shiny badges to take the necessary action when risks were identified. The result? Panic, chaos, and a game of finger-pointing between the Fed and the Federal Deposit Insurance Corp. (FDIC).
Meanwhile, banks like First Republic Bank in San Francisco are left to navigate choppy waters, searching for a lifeboat amidst the storm. To add insult to injury, the FDIC has released a separate report that essentially says, “We found problems, but it’s not our fault the bank failed!” Classic blame-shifting manoeuvre, wouldn’t you say?
Now, Michael Barr has called for an overhaul of rules for banks with more than $100 billion in assets and a re-evaluation of how regulators treat deposits above the $250,000 federal insurance limit. Apparently, hindsight is 20/20, and the time to act is after the ship has already sunk.
Fed Chair Jerome Powell has given his support for these proposed changes, which would reverse some decisions made earlier in his tenure. One can’t help but wonder if the motivation behind this sudden change of heart is to save face or genuinely create a more resilient banking system.
In response to the report, some Republicans in Congress have criticised the push for more regulation. Rep. Patrick McHenry, chairman of the House Financial Services Committee, referred to it as a “self-serving justification of Democrats’ long-held priorities.” As if the world of banking regulation wasn’t confusing enough, let’s throw some political mud-slinging into the mix!
What’s truly remarkable is that amidst all the bureaucratic bungling, the Fed has placed blame on its own structure. It seems the watchdogs were too busy playing fetch with red tape to do their jobs effectively.
And so, dear reader, as we reach the end of this cautionary tale, we must ask ourselves: will the Federal Reserve learn from its mistakes, or will it continue to snooze through future crises? Only time will tell. But one thing is certain: when the next bank collapse comes knocking, the Fed might want to consider setting a louder alarm clock.
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flashsbite · 1 year ago
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onestatebusinessnews · 1 year ago
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Your Go-To Outdoor Advertising Partner for Large Format Printing Services is launching in Iloilo City Philippines.
In today’s fast-paced world, effective advertising is essential for businesses to stand out from the competition. Outdoor advertising, in particular, has proven to be a powerful medium for reaching a wide audience and creating a lasting impact.
As businesses recognize the importance of outdoor advertising, the demand for large format printing services continues to grow.
This is where PreenXpress, a newly open outdoor advertising company in Iloilo City, steps in to offer top-notch large format printing services that will elevate your brand’s visibility and captivate your target audience.
At PreenXpress, we understand the significance of quality printing when it comes to outdoor advertising. Our team of skilled professionals possesses years of experience in the printing industry, ensuring that your advertising materials are produced with precision and attention to detail. From billboards and banners to vehicle wraps and building wraps, we have the expertise to handle any large format printing project.
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We believe that investing in the latest technology is crucial to delivering exceptional results. That’s why PreenXpress has equipped its production facility with state-of-the-art printing equipment and software. Our cutting-edge technology enables us to produce vibrant, high-resolution prints that are visually striking and durable, ensuring that your message remains captivating and impactful even in various weather conditions.
We understand that every business has unique advertising needs. At PreenXpress, we offer a wide range of customization options to suit your specific requirements. Whether you need a large billboard to promote a new product or a series of banners for an event, our team will work closely with you to create tailor-made solutions that align with your brand identity and marketing goals. Our flexibility extends to the choice of materials, sizes, and finishes, allowing you to achieve the desired look and feel for your outdoor advertising campaign.
At PreenXpress, we value our clients’ time and budget. We are committed to delivering your large format prints within the agreed-upon timeframe, ensuring that you can meet your advertising deadlines. Moreover, we strive to provide competitive pricing without compromising on quality. Our transparent pricing structure ensures that you receive the best value for your investment, making outdoor advertising accessible to businesses of all sizes.
At the core of PreenXpress’ philosophy is our dedication to providing exceptional customer service. We believe in building long-term relationships with our clients by understanding their unique needs and delivering personalized solutions. From the initial consultation to the final installation, our team will guide you through the entire process, ensuring that your experience with us is smooth and hassle-free.
With the launch of PreenXpress, businesses now have a trusted partner for all their large format printing needs in the outdoor advertising space. Our unmatched expertise, cutting-edge technology, customization options, timely delivery, competitive pricing, and exceptional customer service set us apart from the competition. Choose PreenXpress as your go-to outdoor advertising partner, and let us help you amplify your brand’s visibility and leave a lasting impression on your target audience.
Reported by: Debbie Ambrose
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factifiedblog · 2 years ago
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YES BANK SHARE : shares of yes bank rose by 22% in 3 days, reached the highest level of 2 years.
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canmom · 5 months ago
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cool post but it does miss the most important point which is that it's not really about energy usage but about finding empirical-sounding reasons to stop corporate pushing the latest thing most people don't want a or like at us
sadly, I don't think the powers that be - who are all racing each other to invest in the hot new AI trend to the point that it's apparently the only thing keeping the stock market from going into a recession - give two shits about energy use, efficiency, etc. etc.
if you really want to appeal to corpoheads, you might want to go with "this whole thing is blatantly a speculative bubble, and a lot of these AI projects are straight-up fake, nobody's figured out how to make a profit off this yet, so you stand to lose a lot of money when the bubble pops". I doubt they'd listen to that either, though, being basically immune to consequences.
anyway I do generally think our rhetoric (for whatever value of 'us') should actually be true. 'it's about finding empirical-sounding reasons', like for real??? am I just missing some kinda sarcasm here? like come on ^^'
#ai
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thedashshop · 5 months ago
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Top 5 Benefits for Retailers Using Dash Shop
In the ever-evolving landscape of retail, staying ahead of the curve means leveraging the latest technologies to enhance operations and customer experience. Dash Shop offers a comprehensive e-commerce solution designed to help retailers thrive. Here are the top five benefits of using Dash Shop for your retail business.
1. Instant Delivery and Enhanced Customer Satisfaction
One of the standout features of Dash Shop is its instant delivery service. Customers today expect fast and reliable delivery options, and Dash Shop meets this demand with precision. By integrating instant delivery, retailers can ensure their customers receive their products quickly, boosting satisfaction and loyalty. This rapid delivery service helps retailers stand out in a crowded market, offering a significant competitive advantage.
Detailed Breakdown:
Speed: Customers receive their orders within hours, not days.
Reliability: Real-time tracking ensures transparency and builds trust.
Customer Retention: Fast delivery is a key factor in repeat business.
2. Robust Analytics for Informed Decision-Making
Dash Shop provides retailers with powerful analytics tools that offer deep insights into sales trends, customer behavior, and inventory management. These insights enable retailers to make data-driven decisions, optimize stock levels, and tailor marketing strategies to better meet customer needs.
Detailed Breakdown:
Sales Trends: Identify top-selling products and peak sales times.
Customer Insights: Understand buying patterns and preferences.
Inventory Management: Avoid overstocking or stockouts by aligning inventory with demand.
3. Seamless Integration with Existing Sales Channels
Retailers do not need to overhaul their existing sales channels to benefit from Dash Shop. The platform seamlessly integrates analytics within the Dash Shop mobile app, enhancing rather than replacing them. This integration ensures a smooth transition and minimal disruption to business operations.
Detailed Breakdown:
Analytics: Tracks user interaction for real-time analytics on Retailer’s products.
Unified Management: Centralized control of online and offline sales.
Enhanced Functionality: Adds value without complicating existing processes.
4. Cost-Effective Marketing and Promotion Tools
Marketing can be a significant expense for retailers, but Dash Shop offers a suite of cost-effective marketing tools. From creating and distributing discount coupons to targeted promotions, Dash Shop enables retailers to reach their audience efficiently and effectively.
Detailed Breakdown:
Coupon Creation: Easily design and distribute digital coupons.
Targeted Promotions: Use customer data to personalize marketing efforts.
Affordable Solutions: Maximize marketing ROI with budget-friendly tools.
5. Support for Community Engagement and Charitable Initiatives
Dash Shop is more than just a sales platform; it’s a tool for community engagement. Retailers can leverage the platform to support local charities and community initiatives, fostering goodwill and strengthening community ties. This commitment to social responsibility can enhance the retailer’s brand image and build customer loyalty.
Detailed Breakdown:
Charitable Contributions: Allocate a percentage of sales to local causes.
Community Events: Promote and manage local events through the platform.
Brand Image: Demonstrate commitment to social responsibility.
Conclusion
Adopting Dash Shop offers a multitude of benefits for retailers, from improving customer satisfaction with instant delivery to providing robust analytics for smarter decision-making. Its seamless integration with existing sales channels, cost-effective marketing tools, and support for community engagement make it an invaluable asset for any retail business looking to thrive in today’s competitive market. By leveraging these benefits, retailers can enhance their operations, drive sales, and build stronger relationships with their customers and communities.
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ads-backgrounds · 5 days ago
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Advertising backgrounds Buy on ShutterStock
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Revolutionize Your Advertising with Shutterstock Backgrounds
Denis Marketer (Copyright)
#Denis_Marketer
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asablogs · 1 month ago
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Anisha Sharma & Associates : Your Ultimate Ally for Navigating Business and Finance Challenges
Comprehensive finance and legal solutions with Anisha Sharma & Associates
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In today’s fast-paced business environment, having a reliable partner for financial services is crucial. Anisha Sharma & Associates stands out as a premier business and finance company, providing a wide array of core and specialized services tailored to meet the diverse needs of businesses and individuals.
At the heart of Anisha Sharma & Associates are its core services, which encompass accounts, audit, trademark registration, ROC compliance, licenses and registrations, loans, income tax, GST, consultancy, outsourcing, digital signature certificates (DSC & token), and software solutions. This comprehensive suite ensures that clients have access to essential services needed to maintain compliance, enhance operational efficiency, and achieve financial clarity.
The firm goes beyond basic financial services by offering specialized expertise in stock broking and advisory, helping clients navigate the complexities of investments and maximize returns. Their website and digital services empower businesses to establish a strong online presence, crucial in today’s digital-first world. Additionally, the company provides real estate placement consulting, ensuring that clients can make informed decisions in the property market.
Understanding the importance of employee welfare, Anisha Sharma & Associates also specializes in Provident Fund (PF) and Employee State Insurance (ESI) services, helping businesses manage their obligations efficiently. Moreover, they offer legal services in civil and criminal matters, ensuring that clients receive comprehensive support in all aspects of their business.
Choosing Anisha Sharma & Associates means opting for a dedicated partner committed to delivering exceptional results. Their team of experienced professionals is well-versed in the latest regulations and trends, ensuring that clients remain compliant while optimizing their financial strategies. The firm’s focus on personalized service guarantees that each client receives tailored solutions that align with their unique needs and goals.
In conclusion, Anisha Sharma & Associates emerges as a trusted ally in the complex world of business and finance. With its extensive range of core and specialized services, businesses can navigate challenges confidently and seize opportunities for growth. Partnering with Anisha Sharma & Associates not only ensures compliance and efficiency but also paves the way for long-term success in an ever-evolving landscape.
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sharemarketinsider · 7 days ago
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Honasa Consumer’s Stock Falls 28% – Risk or Rare Opportunity?
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couturetrendsblog · 2 months ago
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The Psychology behind Fast Fashion:
Fast fashion has revolutionized the retail scene, providing the masses with the hottest styles available within lightning-fast timeframes and at breakneck prices. But what makes the phenomenon tick? Behind the thrilling aspect of fast fashion lies a complex interplay between emotions, social pressures, and cognitive biases.
Instant Gratification
The biggest psychological factor is the demand for instant and immediate fulfilment of a person’s needs or desires . A world that applauds in immediacy ensures fast fashion delivers exactly what people want: fast rewards. The shopper rushes with new clothes, lifting their mood temporarily. And this impromptu satisfaction fosters an addiction; sooner than later, more purchases might lead to buyer's regret.
Social Identity and Peer Influence
Thus, as a means of self-expression and social identity, fashion can also present a crucial role in defining who people are. Associating with fast fashion can be a means of creating the perception that wearing the latest trends "heightens" the individual's social status. Social pressure is at a great level to avoid FOMO through keeping abreast with peers, influencers, and even celebrities. The cycle leads to the fact that one needs to change the goods in his or her wardrobe continuously "to keep up," causing overconsumption.
Cognitive Dissonance
Fast fashion consumers experience cognitive dissonance, which occurs when values clash with practices of purchase. The consumer on one hand may preach sustainability and ethical responsibility, but low prices and fashionable items can justify a one-stop shop at fast fashion. This can cause guilt, but social acceptance usually drowns out these thoughts.
Marketing Techniques
This fast-fashion company uses many psychological tactics in its advertisements that play tricks in the consumer's mind. Scarcity-based marketing, where limited stocks, sales, or low quantities are offered as time-sensitive forces the buyer to shop on impulse. Consumers keep coming back due to a new collection each month that convinces them to shop because it's new and is the 'thing' at that particular moment.
Conclusion To put it in a nutshell, the psychology which defines fast fashion reveals how emotional wants, social influence, and marketing manipulation blend together into a notable shopping experience. Understanding these aspects will empower the consumers to make mindful decisions that will lead to a far more sustainable approach towards fashion.
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axelpvtmkt · 5 months ago
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Advanced Tips and Tricks for Global Market Trading
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Trading in the global market can be both exciting and profitable if you employ the right strategies. Whether you're dealing with Forex, commodities, or other investments, these advanced tips will set you up for success.
Master Technical Analysis: Technical analysis is crucial for predicting market movements. Learn to read charts and use indicators like the Relative Strength Index (RSI) and Moving Average Convergence Divergence (MACD). These tools help you identify trends and make informed trading decisions.
Choose the Best Trading Platform: Selecting the right trading platform is essential. Look for platforms that offer real-time data, analytical tools, and a user-friendly interface. Good platforms also provide educational resources and excellent customer support.
Diversify Your Investments: Diversification reduces risk. Spread your investments across different asset classes like Forex, commodities, and stocks. This approach ensures that your portfolio is protected from market volatility.
Stay Updated with Market News: Keeping up with global news, economic events, and market trends is vital. Regularly read financial news and reports. Use economic calendars to track important events that might impact your trades.
Implement Risk Management Strategies: Effective risk management is key to long-term success. Use stop-loss orders to limit potential losses and ensure no single trade can hurt your portfolio too much. This way, you can trade with confidence.
Follow Expert Insights: Industry experts and analysts provide valuable insights. Platforms like TradingView and social media channels can offer advanced strategies and techniques. Learning from these experts can enhance your trading approach.
Use Automated Trading Systems: Automated trading systems can execute trades based on pre-set criteria, helping you take advantage of market opportunities without constant monitoring. Understand the algorithms and monitor their performance regularly.
Focus on Continuous Learning: The trading world is always changing. Participate in webinars, attend workshops, and take online courses to stay updated with the latest strategies and trends. Continuous learning helps you stay ahead.
Monitor Your Performance: Regularly review your trades and performance. Keep a trading journal to track your decisions, outcomes, and lessons learned. This practice helps you improve your strategies and avoid repeating mistakes.
Partner with Reliable Brokers: Choosing a reliable broker is crucial. Look for brokers with competitive spreads, low fees, and robust security measures. A good broker provides the tools and support you need for successful trading.
Trust APM for more expert insights and trading solutions.
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dealfindr · 2 years ago
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Looking for a powerful tool to help you make better trading decisions? Look no further than Finviz.com. With advanced stock screener, real-time market data, and customizable charts, Finviz.com is the ultimate platform for traders and investors alike. Whether you're looking for new investment opportunities, analyzing market trends, or just want to stay on top of the latest financial news, Finviz.com has everything you need to succeed. Sign up today and start trading smarter!
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Click the link above to get started!
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jeffhirsch · 1 year ago
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Wall Street Legend Yale Hirsch 100th!
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Santa Claus Rally, January Barometer, Best Six Months Strategy: all invented by Yale! On what would be my father’s 100th birthday I am here to tell you market seasonality and the 4-year presidential election stock market cycle are alive and well. It is fitting that the 57th Annual Edition of the Stock Trader’s Almanac he founded in 1966 will be released tomorrow.
When he created the first 1968 edition he was ahead of his time. His iconic thinking and detailed analysis of historical stock market behavior and cycles in different political and economic environments was unmatched. He could probably have told you, within reason, what the stock market was likely to do any hour, on any day, in any future year. He put behavioral finance, market cycles and seasonality at the fingertips of traders, investors, and advisors and it has remained on the desks of top fund managers to this day.
We lost Yale two years ago at 98, but his legacy lives on. We are reminded of him every day when we track market cycles, patterns, and trends. Back in the 1969 Almanac he first warned us about October volatility and that October is the best time of the year to buy stocks. I have been buying recently after being on the sidelines since June. I carry this seasonal torch forward through the annual print edition and Almanac Investor Newsletter. Check out our latest trades at https://stocktradersalmanac.com/.
My 2010 Super Boom forecast for Dow 38820 by 2025 is based on his seminal work and discovery of the 500%+ market moves following war and inflation. In 1976 he predicted Dow 3420 by 1990.
This 2024 Almanac is a testament to the original iconic work founder Yale Hirsch created in the first 1968 edition and the over five decades of behavioral finance thought leadership it has provided since. The Almanac remains the most valuable trader’s desk reference on Wall Street and this year’s Almanac is packed with seasonal and historic investing insights for the year ahead including:
2024 Outlook – page 10
Bulls Win When Market Hits The January Trifecta – page 20
2024 Presidential Election Year Perspectives – page 26
Market Charts of Presidential Election Years – page 28
How the Government Manipulates the Economy to Stay in Power – page 32
Incumbent Party Wins & Losses – page 34
Only Two Losses Last 7 Months of Election Years – page 80
Traders Feast on Small Stocks Thanksgiving Through Santa Claus Rally – page 104
The Incredible January Barometer: Only 12 Significant Errors in 73 Years – page 18
“Best Six Months���: Still An Eye-Popping Strategy – page 54
MACD-Timing Triples “Best Six Months” Results – page 56
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feedyourmind1031 · 5 months ago
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10 Best Practices and Disciplines When Trading in the Global Market
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Trading in the global market can be both exciting and profitable, but it requires a solid approach and disciplined strategies. Whether you're new to trading or looking to refine your skills, these best practices can help you navigate the complexities of the market. Here are ten essential tips to help you become a successful trader.
1. Choose the Best Trading Platform
Your trading platform is your primary tool. Make sure you choose the best trading platform that offers real-time data, user-friendly interfaces, and robust analytical tools. Look for platforms that provide educational resources and responsive customer support to help you on your trading journey. The right platform can make a significant difference in your trading experience by providing reliable and fast execution of trades, which is crucial for seizing opportunities in volatile markets.
2. Master Forex Trading
Forex trading can be highly profitable if you know what you're doing. Start by learning the basics, such as understanding currency pairs, market hours, and the factors that influence currency prices. Then delve into advanced strategies like technical analysis and risk management. Stay updated with the latest trends and use reliable sources to get your information. Always aim to be the best Forex trading expert by continuously improving your skills. Practice with a demo account before committing real money to refine your strategies without financial risk.
3. Diversify Your Investments
Don’t put all your eggs in one basket. Spread your investments across different asset classes such as stocks, commodities, and Forex. Diversification helps mitigate risks and can lead to more stable returns over time. By investing in a variety of assets, you reduce the impact of a poor-performing investment on your overall portfolio. This strategy helps balance the risk and rewards, providing a more consistent growth trajectory.
4. Keep Up with Market News
Staying informed is crucial. Regularly read financial news, follow economic reports, and pay attention to global events that could impact the markets. This knowledge will help you make informed decisions and anticipate market movements. Utilize reliable news sources and economic calendars to stay ahead of market trends. Understanding the broader economic context can help you predict how markets will react to news and events, giving you an edge in your trading decisions.
5. Practice Risk Management
Effective risk management is key to long-term success. Set stop-loss orders to limit potential losses and avoid over-leveraging your trades. Determine how much of your capital you are willing to risk on each trade and stick to that limit. This practice helps you manage your trades more effectively and protects your portfolio from significant losses. Always remember that protecting your capital is more important than chasing profits.
6. Develop a Trading Plan
Having a well-defined trading plan is essential. Outline your trading goals, risk tolerance, and strategies. A solid plan keeps you focused and helps prevent emotional trading decisions that can lead to losses. Your trading plan should include criteria for entering and exiting trades, risk management techniques, and a schedule for reviewing and adjusting your strategy. Regularly updating your plan based on performance and market conditions can help you stay on track toward your trading goals.
7. Continuously Educate Yourself
The trading world is always evolving. Take advantage of online courses, webinars, and workshops to stay updated on the latest strategies and tools. Continuous learning is crucial to adapting to new market conditions and improving your trading skills. Stay curious and proactive in seeking out new knowledge. Join trading communities and forums to exchange ideas and learn from experienced traders. This ongoing education helps you stay competitive and informed.
8. Use Technical Analysis
Technical analysis involves studying price charts and using indicators to predict future market movements. Learn to use tools like moving averages, Relative Strength Index (RSI), and Bollinger Bands to identify trading opportunities and make more informed decisions. By analyzing past price movements, you can identify patterns and trends that may indicate future price directions. This analytical approach provides a data-driven basis for your trading decisions, increasing your chances of success.
9. Maintain Discipline
Discipline is one of the most important traits of a successful trader. Stick to your trading plan, avoid impulsive decisions, and manage your emotions. Consistent discipline helps you stay focused and reduces the likelihood of costly mistakes. It's essential to stay patient and avoid the temptation to deviate from your plan based on short-term market movements. Keeping a cool head and following your strategy will help you achieve long-term success.
10. Evaluate Your Performance
Regularly review your trades to understand what worked and what didn’t. Keep a trading journal to track your performance, analyze your mistakes, and refine your strategies. Continuous evaluation and adjustment are key to long-term success in trading. By systematically reviewing your trades, you can identify patterns and areas for improvement, helping you become a more effective and successful trader.
Conclusion
By following these best practices and disciplines, you can improve your chances of success in the global market. Remember, choosing the best trading platform and becoming proficient in best Forex trading are just the starting points. Stay informed, manage your risks, and continuously educate yourself to stay ahead in the trading game. Happy trading!
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gazetteny · 6 months ago
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The Wonders of Old New York
When engaging with the charming society of New York, patience is a virtue. Avoid rushing through your romantic dalliances. Take your time exploring the city. Spend a few days immersing yourself in its wonders. Reconnect & expand your network of acquaintances. Survey the bustling markets to discover where you can find the best deals & fresh ideas.
If you have a favored establishment for your shopping visit it. Greet your old friends warmly, regardless of the state of their hairlines. Venture out to gather insights but be mindful not to indulge excessively in liquid lunches.
Patience, once again, is key. Allow yourself the luxury of extra time.
Visit the lead retail stores to glean inspiration from their impressive displays. Learn the art of window dressing, no matter your trade—whether it be christening caps, caramels, corsets, shoes, soda water, or even burial cases. A thoughtfully arranged and eye-catching display captures attention and leaves an impression far more effective than a haphazard presentation.
Embrace the rhythm of the city & let New York’s charm unfold before you at its own magnificent pace. As you explore the bustling streets of New York City, hunt for new articles to enhance your inventory & attract your tourists. Keep an eye out for novelties—these are treasuring that appeal to everyone, except perhaps those who prefer hairs in their butter. Year by year, the demand for unique & innovative items continues to grow.
Should you find the supply of novelties lacking, don’t hesitate to fall back on the tried & true. Stock up on “chestnuts”—those classic, well-loved stories & items. Consult with seasoned salesmen & ask if they have any fresh tales or products. Engage with the locals & let them show you what’s new, novel, & delightful. This will help you identify what your own town might need to charm & satisfy tourists from nearby crossroads, hamlets, & villages.
Remember, the art of entertainment is invaluable & ever rewarding when executed well. And New Yorkers are masters of this art.
Now that you’ve decided to extend your stay, take advantage of the opportunity to gather useful information that can save you money, reduce travel, & minimize inconvenience. In this grand city, such knowledge is plentiful.
So, immerse yourself fully in the wonders of Old New York. Given that New York City is the largest metropolis on the American continent & practically the world unto itself, it’s certainly worth your while to explore & experience as much of it as possible.
When your business brings you to New York, see if you can combine pleasure with your professional duties. Witness the latest fashions, observe how people conduct themselves at hotels, theaters, churches, & the various resorts around the city where people gather for leisure & refreshment. Do not claim that you can’t afford this—because you can. Absorb the latest trends & fill your trunk with new goods. Take notes on how you’ll dress & what you’ll wear upon returning home. Within three weeks, you’ll have the entire town buzzing, moving from place to place & showcasing evidence that you’ve been somewhere & brought something back.
Visit the theaters. Attend the churches. Take time to enjoy the parks. Ride the entire length of the elevated railway on each side of the Island from the Battery to the end of the road, & this as far into the country as you can go & see how much there is of New York City. Don’t content yourself merely by seeing what is to be seen directly on the Island of Manhattan, generally known as the city of New York.
Go down to the Battery or South Ferry, take a steamboat ride to Bedloe’s Island, & walk around the Bartholdi Statue. Twenty-five cents pays the steamboat fare there & back.
Take the little steamer which plies every hour between the Battery & Governor’s Island. See where the soldiers who are here to guard the city of New York from invasion are quartered. See where General Hancock lived so long. Walk around & see how nicely everything here is kept. Go into the museum wherein are to be found thousands of relics of battles by sea & land. Visit the fortifications & get an idea how war is carried on—in theory if not in practice. The little boat runs to & from the city to Governor’s Island every 30 minutes as part of the Government Service, carrying over & bringing back without charge those who would make the trip.
Take a boat to Staten Island from the Battery & put in an afternoon there witnessing the games & amusements which are furnished for the recreation of ten thousands of people who go there each week to enjoy an eight-mile steamboat ride across New York Bay & eight miles return.
Ride over Staten Island or a portion of it by carriage. It’s one of the most enjoyable trips. There are good livery stable establishments to be found on Staten Island, especially at the first landings. The roads are generally very good & as one drives to the higher ground three or four hundred feet above the sea, the view of land & ocean, cities & villages, lakes, bays, ponds & creeks, with threads of railway reaching off into the distance creating a very charming picture, that you’ll never forget.
Visit Coney Island where the so-called mediocrity of New York gathers to the number of twenty thousand on a week day, & one hundred thousand on a Sunday.
You can make the trip on the large iron steamboats from the Battery to Coney Island & return at any time during the day for 50 cents the round trip, or you can go by cars two or three different lines at the same rate of fare. At Coney Island you can roll in the sand, wade into the ocean as far as you feel like going, eat clams, drink ginger ale, & other beverages o refresh the arid tonsils. Take in 100 or more variety shows & see men & women, boys & girls, lovers & sweethearts, babies, dogs, etc. Enjoying surf bathing, which is here to be had in abundance, with officers handy to keep you from getting in beyond your depth, or from trying to cross the ocean on foot.
Coney Island is a curiosity. Once it was a barren stretch of sand worth something like $500,000 or less than nothing. Now it’s a summer city of the beach, a sort of piratical rendezvous where one man appears to be bishop, king, commissioner, mayor, levier of taxes, collector of customs, comptroller of political destinies, etc., so that Robinson Crusoe on his lonely Island wasn’t more of a monarch over what he surveyed than is the head of political-financial combination governing that part of New York known as Coney Island. It’s a curiosity that should be seen, as it alone would give you something to talk about for a month.
A very delightful trip is that by steamer to Rockaway Beach & to Far Rockaway, especially if you want a sniff of ocean air—clean, fresh, & invigorating. Or you can have a steamboat ride to Long Branch & return for a few dimes.
Another charming trip is up the East River, past Blackwell’s Island, Ward’s Island, Fort Schuyler, out into Long Island Sound, past Hart’s Island, which is the pauper burial ground, & then a mile or two beyond to Glen Island, which has been fitted up in magnificent style as a summer resort, & where the old-fashioned clam bake, together with meat, drink & musical accompaniments can be enjoyed ad libitum. After that, you can wander about to see the curiosities, rest in the shade, enjoy the sea breeze, listen to music.
Another good thing to do is to visit the Charity & Correction institutions of New York. To do this properly call at the corner of 11th Street & Third Ave., at the office of the Commissioners of Charities & Corrections. Go into the office & introduce yourself to Mr. Simmons, Mr. Porter or Mr. Brennan, who are the three Commissioners of Charities & Corrections for the City of New York, & who have about sixteen thousand persons under their care, comprising the prison, almshouse, workhouse, & hospital population of the city, & their attendants. You’ll find these gentlemen well-posted, very pleasant & always willing to give or afford strangers visiting New York every possible opportunity to acquaint themselves with the workings of the Charity & Correction institutions of the city, which includes the Tombs, all the police courts, the prisons, hospitals, insane asylums, workhouses, & educational establishments, wherein children of the poor & unfortunate are taught. After that you’ll have obtained a pass from the Commissioners. Go to the foot of East 26th Street, which is on the East & the East River side of New York.
At the foot of East 26th Street, standing in the water a little way from the shore, but reached from the grounds of Bellevue Hospital, is the “dead house,” in which are kept for a day or so the bodies of those who are brought in from the city, fished out from the river, etc., and which bodies are eventually, unless claimed by relatives, taken to the pauper burial ground at Hart’s Island for interment. You can get on with a pass, if you’re alive, & if you go on dead you can get out with a cheap pine coffin costing about 21 cents.
At 10 o’clock every forenoon the large & beautiful steamer Thomas S. Brennan, named after the popular & gentlemanly Commissioner of Charities, leaves this dock on a business trip up the East River. Here you get aboard. If you’re early enough you’ll see the many prison vans or iron omnibuses filled with prisoners brought from the prisons & police courts of the city to this point for shipment to the Penitentiary on Blackwell’s Island & to the Workhouse on Hart’s Island.
The Steamer Brennan is the service of the city exclusively. Its business is to convey parties from the city to Charity Hospital on Blackwell’s Island, which is the first landing. To convey prisoners to the Penitentiary, to the large stone building, which is within a stone’s throw of the Charity Hospital.
Patients for the hospital & prisoners for the penitentiary are discharged at the same landing, where the officers receive & escort them to the hospital & the prisoners to the penitentiary, where they are sheared, bathed, etc., & assigned to the several tasks the superintendent of the Penitentiary deems them fit to work at.
Relieved of this much of her load, the Brennan goes on up the river to the Workhouse, landing there from 75 to 150 men & women each morning, who are marched off & escorted to the Workhouse, where they’re given work to do for a time altogether too short. Supplies for the inhabitants of the Island, which number several thousand, including the inmates of the Female Insane Asylum, which is also on Blackwell’s Island, are here put off for distribution.
This done, the Brennan goes on up the East River, through Hell Gate, to Ward’s Island, on which is the large Homeopathic Hospital, one of the finest of its class in the world, also the insane asylums for males. This is the largest insane asylum on the American continent. It covers several acres of ground, & is occupied by something like 2000 men, a large portion of whom are insane, while a certain percentage are sane, but are unfortunately run in here & kept appeasing the envy, malice, or ugliness of persons who delight in thus torturing those they have a spite against or by saddling their support upon the city.
After discharging the patients & guests who come to see relatives in the hospital & asylums, the Brennan returns a little way, then proceeds up the Harlem River to Randall’s Island, on which is located Mrs. Dunphy’s celebrated school for “idiotic, imbecile or feeble-minded children & homes for idiots who cannot be taught,” & other departments of this nature, all connected or attached to the Charity & Correction department. Here also is the Foundlings’ Home, where are about 400 babies, from one day to four years of age, cared for by nurses.
This takes the time till about half past 12, when the boat returns, stopping a few moments at Hart’s Island, & reaching her dock at the foot of East 26th Street somewhere about 1:30 PM, affording those who care to see a great deal in a little while an opportunity of obtaining information that, if not altogether pleasant, is certainly worth knowing. You’ll get ideas worth taking home with you.
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